A recent report highlights that sectional title residential property prices have risen at a faster pace than freehold prices – for the first time in 20 years1. The last time sectional property exceeded freehold prices was back in 2004! The gap further widened during the fourth quarter of 2023, ending the year at price growth […]
Tag Archives: sectional title
28
Mar
Mar
If you live in a sectional title scheme, you are a member of a community that has a prescribed management structure that includes a body corporate and trustees – and often a managing agent. While many people are aware of the functions of a body corporate, they are often unaware of the real value a […]
27
Jan
Jan
Sectional title property schemes have emerged as one of the top trends for 2023 with reports from bond originators showing that they have seen a “significant interest in sectional title properties in the past few years, accounting for between 37% and 44% of stock value” 1 and that almost a third of all property sales […]
13
May
May
In South Africa, thousands of people live in sectional title complexes and many of these have ongoing problems with owners not paying their levies. Often the reason for this is that owners have a misunderstanding about what levies are, what they are used for, and why you can’t afford to not pay them if you […]